INEOS Styrolution to build a world-scale styrene monomer plant in the US Gulf Coast

Source: ICIS News

2018/03/28

LONDON (ICIS)--INEOS Styrolution will commission an engineering study to build a world-scale styrene monomer (SM) plant in the US Gulf Coast, the company said on Wednesday.

The new SM plant will use best-in-class technology and benefit from access to low-cost feedstock and energy from shale gas as well as an excellent infrastructure. A specific location is yet to be defined, the announcement said.

Steve Harrington, president of global styrene monomer and Asia-Pacific, commented: “The new plant will complement our existing SM production facilities and provide a sustained competitive advantage to enable us to supply the global market.”

Kevin McQuade, CEO at INEOS Styrolution; “This plan supports our ‘Triple Shift’ growth strategy and maintains our leading position as a global styrenics supplier to our key customers and industries.”

Photo by Al Greenwood

Styrene is used to make polystyrene (PS) and acrylonitrile butadiene styrene (ABS). (Photo by Al Greenwood)